How does BCTEX make money
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We don’t know if BCTEX is 100% reliable as it does not provide a good description of security measures that have been adapted to protect traders’ funds lodged in the exchange. The homepage says that “is our primary concern, risk management, and different internal control measures” but there aren’t actually more details there. The only pointer to the usage of some form of security is the 2-factor authentication (2FA) feature which can be deployed to protect the deposit and withdrawal process.5. High level of security. For more than 9 years of operation, the exchange has practically not been subjected to serious attacks and hacks. There is no information on the network that users lost money through the fault of the exchange..
1. no demo accounts; BCTEX Mobile Support.
BCTEX Global partnered with Singapore-based crypto asset security platform, Onchain Custodian, which maintains custody of BCTEX Global ’s crypto assets. In addition, those assets are backed by Lockton, a private insurance brokerage...
BCTEX is a crypto exchange registered as BCTEX Inc. The project was created with a focus on clients from Asian territories. It offers trading of digital assets, providing a wide range of tokens and trading pairs..
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ReliabilityBCTEX Cryptocurrency Exchange charges what they call flat fees, meaning that both the takers and the makers pay the same fee. In this case, that fee is 0.20%. These flat fees are quite in line with, or slightly above, the global industry averages for centralized exchanges. In the largest and most recent empirical study performed on industry average crypto trading fees, they found that the industry average spot trading taker fee was 0.217% and the corresponding spot trading maker fee was 0.164%. Here, as you recall, they are both set at 0.20%.
You can check your transaction overview by logging in on your account page . You should receive immediately. During peak times we group transactions together, it could take a few minutes before bitcoins are sent.
Official websiteIn addition to the trading platform, there is a service of easy exchange of cryptocurrencies and coins;
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. The below is a picture of the trading view at BCTEX: